Dolla Financial IPO oversubscribed by a massive J$4.5 billion
Seeking to raise J$500 million through its initial public offer (IPO), Dolla Financial Services’ equity raise was oversubscribed by more than J$4 billion on its first day today (May 27), signaling significant faith in the microfinance company headed by CEO Kadeen Mairs. With more than $5 billion in applications, Dolla Financial now boasts one of, […]
Dolla Catapults Past its Targets
Dolla Financial Services Limited’s initial public offering (IPO) opened on Friday during which investors purchased ordinary shares for $1 as the microlending company looked to raise $250 million in fresh equity capital through the issuance of shares. “The company over the last two years has been carefully executing a pan-Caribbean strategy in the markets considered […]